To: The Mayor

From: ……………..

Date: May 6, 2016

Subject: Business Attraction Strategy

I am writing this in light of trying to come up with a business attraction strategy that would look favorable to the chambers. There are various activities that can be done to attract new businesses while at the same time being fiscally prudent.

Among them is offering tax incentives to new businesses. This would mean a reduction in tax liability for a given period without the city officials expecting a repayment. Theoretically, the lost revenue will be made up by the creation of new employmen